Asian shares and Brent crude oil prices dropped to their lowest since 2010 on Friday after weak German export data raised fears that Europe's economic woes could drag down the global economy.

European markets face the prospect of a weak open and investors will hope for improvement in French and Italian industrial production today. One suspects the negative news low will continue.

Many investors fear that the gradually recovery US economy - the world's largest, but comprising less than a quarter of the entire global economy - cannot escape unhurt as Europe stalls and other big economies, including China, Japan and Brazil, face their own hardships.

Trading Tip: If this goes on, stocks all over the world might start dropping. Watch for more news about the European growth.

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Other top stories:

Unemployment Rate (CAD) - 10/10

Employment Change (CAD) - 10/10

Pepsi Shares Rise

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PepsiCo Inc (PEP.N) raised its full-year earnings forecast and said snack sales helped its quarterly profit beat expectations, sending its shares up more than 1 percent in morning trading on Thursday.

The company, which makes Frito-Lay snacks and beverage brands like Mountain Dew and Tropicana, said its quarterly performance underscored how its beverage and snacks businesses worked well together.

Trading Tip: Pepsi shares are on the rise and they might keep going up so watch for any news regarding the subject.

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Employment Change (CAD) - 10/10

Asset Purchase Facility (GBP) - 9/10

Asian Stocks Fall - Oil Follows

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Asian stocks weren’t doing so well on Wednesday as a result of worries about declining global growth. This also caused the oil prices to their lowest in more than two years.

There’s an important announcement today - Minutes of the Federal Reserve, which will affect the markets. Investors will be very sensitive to how the debate will resolve between the people who wants to raise interest and those who want to lower it.

Trading Tip: The FOMC metting announcement can greatly affect the economy, make sure to follow it and make your trades before.

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Unemployment Rate (AUD) - 8/10

Employment Change (AUD) - 8/10

FOMC Meeting Minutes (USD) - 8/10

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These Next 2 Major announcements will give you opportunity to see the graphs moving

FOMC – Detailed record of committee’s policy

Will reflect strongly on currency

USD

Today 8 of October in 6PM GMT time

Employment Change

Measured the number of employed position in Australia and influence the Australian Dollar

AUD 

On the 9th of October 8, 14 12:30 AM

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